Movie Stars

United States
April 10, 2010 3:54pm CST
Why is it I read so much news on Movie Stars and Singers that make so much money then are Bankrupt after a few years? What do they do with it all? Nicholas Cage is in the boat right now? After, all his hard work he is there. I think it is stupid! If I even started to make that much money do you think I would not take some classed on how to manage my money and put it in some savings or bonds or CD'S or something? No, they don't they just buy their bling and go on their merry way to party land. Or, they get married and give half to the other person with out even getting a prenuptial. I am sorry but if I had that much money I would have something signed by the other person so that if we divorce they would leave with what they came in to the marriage. If they don't sign sorry I am not getting married. What do you think? I mean Michael Jackson worked his whole life and died broke. And, just recently so did one of the Corey's died broke. What would you do if you was rich like that? And, how would you stop from going broke? Or, being bankrupt? *Peace and Love get's you through everything in Life* ~And, being smart helps~
2 people like this
5 responses
• Philippines
11 Apr 10
as they said, they earn so much money quickly thats why they missed the important fact about managing your money. as they say its not important how much money you earned. what is important is how much money you saved
1 person likes this
@picjim (3002)
• India
11 Apr 10
Movie stars and rock stars make a lot of money.But most of them i feel don't know how to invest their wealth as you've rightly put it in bonds and cd's.If i made so much money and i couldn't manage my finances i'd seek the help of a financial analyst.I'd definitely have an agreement with my spouse as to how much they would get in case of divorce or separation.I'd also watch my expenses as i would have to save for the days when income wouldn't be so easy to come by.I feel these stars are financially naive and don't plan for the future though that is not a general rule as stars like Paul Mc cartney have invested well for the future.
1 person likes this
@cream97 (29087)
• United States
11 Apr 10
Hi, Carpathian. Yes.. This is very sad. They just misuse their money so carelessly and that is what has caused them to be in this boat.. M.C. Hammer, Wesley Snipes and Vivica. A. Foxx are others that was in this same situation as many others actors/actresses. I think that they should stop spending their money on useless things. And if they stop buying so much of expensive things, that may never use, then this will keep them from going bankrupt. They should save their money up. And they need to stop marrying other stars because when they do this, they will have to end up paying all of this money to them when they are divorced.. That is why they are in this mess. They are so rich, that they don't know what to do with the money when they get it. They are like a kid in the candy store. They ought to bring some of that money this way, I will show them how to make use of it correctly.
1 person likes this
• United States
11 Apr 10
"I asked for everything so I may enjoy life... I was given life that I may enjoy all things." So many people are blinded by the lure of material things and the debris that clings to it... they do not know how to handle it and it winds up handling them.
1 person likes this
@anurag3786 (6267)
• India
11 Apr 10
I think movie star shows the movies popularity.. and tell us that movie story is good or normal.. it is depend on the movie star.. sometimes movies star are 5.. but it's story had not good..